$3.19 Billion CPVC Pipe & Fitting Market by Type, Application, Geographic Scope - Global Forecast to 2027 - ResearchAndMarkets.com
The "CPVC Pipe & Fitting Market by Type, by Application, by Geographic Scope And Forecast" report has been added to ResearchAndMarkets.com's offering.
- Global CPVC Pipes and Fittings Market was valued at USD 1,407.8 Million in 2020 and is projected to reach USD 3,019.9 Million by 2027, growing at a CAGR of 11.52% from 2020 to 2027.
- The global construction industry is growing at a rapid pace for the past few years.
- The rising applications of CPVC pipe in new infrastructure owing to its excellent mechanical and chemical properties can offer a lucrative growth opportunity for CPVC pipe & fitting in the construction industry.
- Moreover, a rising number of water treatment plants worldwide is are expected to augment the growth of the CPVC pipe & fitting market over the forecast period.